Why do liberals lies about the jobs created in this whiz bang economy?

Job Creation Continues - More Than 7.5 Million Jobs Created Since August 2003


Today, The Bureau Of Labor Statistics Released New Jobs Figures – 97,000 Jobs Created In February. Since August 2003, more than 7.5 million jobs have been created, with 2 million jobs created over the last 12 months. Our economy has now added jobs for 42 straight months, and the unemployment rate remains low at 4.5 percent.





More American Workers Are Finding Jobs And Taking Home More Pay





Real Wages Rose 2.2 Percent Over The Past 12 Months Ending In January. This is substantially faster than the average rate of the late 1990s economy, and it means an extra $1,279 in the past year for the typical family with two wage earners.


Real After-Tax Income Per Person Has Risen By 10 Percent – More Than $2,900 – Since President Bush Took Office.


The Economy Has Now Experienced Over Five Years Of Uninterrupted Growth, Averaging 3.0 Percent A Year Since 2001.


http://www.whitehouse.gov/infocus/econom...

Why do liberals lies about the jobs created in this whiz bang economy?
Would you like to buy a bridge made in China, because that is where they are made now in this whiz bang recession. The facts and figures that you are reciting like the pope said them are false and you are a lemming for not checking out your sources before you post such trible.
Reply:Cuz that's what they do, cuz.
Reply:"whiz-bang economy"???





is that a new white house phrase along with "mission accomplished", "no child left behind", "we stand down they stand up", "stay the course"???





all these phrases are crap and the economy sucks. my source? reality.
Reply:From the white house website. I'm sure it is completely unbiased. Wages rose 2.2%, too bad it costs me 10% more to buy groceries.
Reply:lol...you have the audacity to use the white houses' own figures...get a clue.








Salaries are still below where they were at the start of the recovery in November 2001. That, while productivity -- the growth of the economic pie -- is up by almost 15 percent. Meaning we're working harder, producing more, for the same money as five years ago.








Since the recession ended in 2001, 50 percent more of the growth in corporate income was sucked up as profits than after past recessions. That's left less for those of us who work for a living.








As a result, median household income has now fallen for five years in a row. It was 4 percent, or $2,000, lower in 2004 than it was in 1999.





That last figure means that Joe and Jane Average American -- the household smack in the middle of the booming go-go American economy -- have gotten a pay cut for five years in a row. Small wonder they're sporting long faces.





And that hasn't occurred in a bubble; health care costs for that same family (with kids) rose over 40 percent -- yeah, 40 percent --between 2000 and 2003.





It's not just that the growth in GDP over the past four years has been skewed towards investors -- it has -- it's that much of it is a chimera. Defense spending, consumer spending -- financed largely by debt -- and rising home values have been the growth engines for the current recovery. Author James Howard Kunstler estimates that from "2001 through 2005, consumer spending and residential construction had together accounted for 90 percent of the total growth in GDP." [italics mine]





That growth hasn't been free and isn't sustainable. U.S. household debt, adjusted for inflation, rose by more than a third over the last four years. Mortgage and consumer debt equals 115 percent of after-tax income, and the amount American families spend paying off those debts is at an all-time high of almost 14 percent of their paychecks. In other words Americans are all paying a hefty monthly debt tax to banks and creditors on top of what we already pay the government.
Reply:you're pretty stupid. if you didn't already now, the republican party is in power of the executive branch, not the democratic party. o yes, the economy has experience growth. BULL ****. we have the worst deficit in history. guess who's fault? your president.
Reply:Becouse they can't find a job that pays $100,000 a year to watch Springer
Reply:No, not "a different perspective from different resources" - - of the households that have left the middle class 92% have moved up while 8% have moved down. 8% is not 0% but it's clearly the small minority. They simply refuse to accept that they're the minority.





Also, nobody's EVER satisfied. As people move up they rub elbows with the truly rich and then you don't think you're so rich anymore. I grew up in a lower-middle-class household - it was a house but half of it wasn't heated. We had hamburger helper, tuna mac - you know, the typical lower-middle-class 1970s lifestyle. But I thought we were well off because I was in high school before I came into contact with people significantly better off than I was.





Now I regularly come into contact with people who are very wealthy. That doesn't change the fact that I'm a lot better off than I was or my parents were in the 1970s, but I can see people getting caught up in the relative rather than the absolute.





There are more two-income families but our definition of "getting by" has changed radically. 10% more of this country owns its own home than was the case when I was growing up, and houses are 50% bigger. Google "countertop" and you'll get a listing of marble and granite dealers in your area - unless you live in a poor corner of the country you'll have to scroll down a ways before you get to an ad where the lead is Corian. If you looked up kitchen remodeling or countertop in the yellow pages a generation ago the opposite was true. Whole Foods, Polo, Starbucks and Toll Brothers have been growth companies for 20 years - why? Because the market for their products has grown. The already-rich are richer but there are also a lot more of them, and they didn't just spring from the ground, they rose up from the middle class.





And how stupid is Arglebarg - dude, do you even realize that "real" MEANS adjusted for inflation????? This is why it's so frustrating arguing with Libs, they don't even know what the terms MEAN.
Reply:It's still THE WORST RATE OF JOB CREATION IN 40 YEARS even including these numbers.





And real wages still haven't increased because you and BUSH left out inflation.





But that's just a technicality isn't it? Bwahahahahaha!





Suck it up.
Reply:because we use plenty of cheese "whiz" on our crackers.
Reply:Let us talk about unemployment. It went DOWN last month to 4.5%. Also, unemployment figures do not count those whose unemployment ran out. unemployment rates have also stayed higher since 9/01 than it was when Bush took office. Inflation is slowly creeping up also.





Your figures concerning new jobs looks impressive. Lost jobs are not part of that figure %26amp; neither is the increase of working age people. The higher unemployment rates bear this out. Simply put, the new jobs are almost keeping up with the lost jobs %26amp; workers entering the job force.





Even The Wall Street Journal is saying the working class has been losing buying power over the past few years, The gap between the rich %26amp; poor is expanding





Considering all the spin coming out og 1600 Pennsylvania Ave., you have the nerve to call the White House web site reliable? Looks like you are cherry picking the info you have used. Sounds just like the WH.
Reply:You know, I agree the economy is good b/c there's a lot of improvements being made around my community and I live in a rather rural area.





I also feel the economy could be better if "illegal" immigrants were not allowed to take our jobs.





Also, if people have to work two jobs, it's b/c they're paying for all the people on welfare (illegals maybe?) that are perfectly capable of contributing or they have considerable debt which is their own fault.





You can bash Bush all you want but it wasn't until he took office that I had enough in my federal tax return to afford my state's taxes, which is a liberal state! So you libs can all pack sand from where I'm sitting.
Reply:Not lies just a different perspective and different resources. I do know more people out of work since Bush became President and those who did find work it was more like McJobs for engineers. Yes, they have a job but if that job can't pay the bills what good is it? In some families I know people are working 2 jobs in order to have enough to get by.